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Updated about 6 years ago,
Chosing a neighborhood
I am a newb with no experience or capital to invest. However I have read a lot and committed to get into real estate. My question is if I am doing my first deal should I go ahead and invest in expensive neighborhood that I m more familiar with area and demand or simply look into lower cost neighbor Hood where risk is less and but also less familiar with me. And what are the rational for choosing one over the other.? Where should I start and look into first before considering any deals or commitment into either of them. I will appreciate any insight. Thank you.